Property profile

5675 Fairview St Stevensville, MI 49127

OFF-MARKET
Office buildings
Property ID
US43-3621750
4,160 SF 0.51 ac lot Built 1978
Entity Owned 2-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional Stevensville, MI commercial property presents a compelling investment opportunity. The 4,019 square foot brick building, constructed in 1978, offers two equally sized rental spaces, each spanning 2,009.5 square feet. Ample parking is available, accommodating 33 vehicles across two lots – a front lot with 13 spaces and a lower east lot with 20 spaces. Currently leased for two years to a single tenant, this property provides immediate income potential. Detailed financial information and lease agreements are accessible to qualified buyers upon execution of a confidentiality agreement. The building enjoys a highly convenient location, within walking distance of Stevensville's village center and a short drive from Red Arrow Highway and I-94 (Exits 22 & 23). Access is further enhanced by an easement across adjacent property at 2797 W. John Beers Road. The property sits on a 0.52-acre lot. The roof was recently replaced in 2019. Showings require 24-hour notice, Monday-Friday after 7:00 AM, and Saturday & Sunday between 11:00 AM and 2:00 PM. This is a turnkey investment ready for a discerning buyer.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1978
Total area 4,160 SF
Lot 0.51 ac (22,216 SF)
Zoning code VIL-C-2 CB
APN 45-0021-0011-14-8
UPID US43-3621750

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician Medical Clinic
  • Physician Medical Clinic
  • Counselor Nurse Practitioner
  • Counselor Psychologist
  • Physician

Location

5675 Fairview St Stevensville, MI 49127-1033
Stevensville metro Census 1500 NILES-BENTON HARBOR, MI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$530k

Owner & transaction history

since 2023
4 recorded transactions
2024
Price N/A
2023
Price N/A
2023
Price N/A
2019
Price N/A

Zoning & alternative use

VIL-C-2 CB · Stevensville, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5675 Fairview St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message